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January 4, 2026 12:32 PM

No quick wins in tapping Venezuela’s oil reserves

Venezuela is unlikely to see any meaningful boost to crude output for years even if U.S. oil majors do invest the billions of dollars in the country that President Donald Trump promised just hours following Nicolás Maduro's capture by U.S. forces. ...

January 4, 2026 11:05 AM

UN Security Council to meet Monday over US action in Venezuela

The United Nations Security Council is due to meet on Monday after the U.S. attacked Venezuela and deposed its long-serving autocratic President Nicolas Maduro, a move that U.N. Secretary-General Antonio Guterres views as setting "a dangerous precede...

January 4, 2026 5:47 PM

Trump says US will run Venezuela after Maduro seized

Venezuela's toppled leader Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the U.S. would take control of the oil-producing nation. The i...

December 11, 2025 12:24 PM

US seizes sanctioned oil tanker off coast of Venezuela, Trump says

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil prices higher and sharply escalated tensions between Washington and Caracas. "We've just seized a tanker on the co...

November 30, 2025 5:57 PM

Trump says Venezuelan airspace should be considered closed

U.S. President Donald Trump said on Saturday the airspace above and surrounding Venezuela should be considered "closed in its entirety," but gave no further details, stirring anxiety and confusion in Caracas as his administration ramps up pressure on...

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